Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

76. Information about Harmonious Company's two products is as follows: Product X Product Y Unit selling price $11.25 $11.25 Unit variable costs: Manufacturing $ 5.25

76. Information about Harmonious Company's two products is as follows:

Product X

Product Y

Unit selling price

$11.25

$11.25

Unit variable costs:

Manufacturing

$ 5.25

$ 6.75

Selling

0.75

0.75

Total

$ 6.00

$ 7.50

Monthly fixed costs are as follows:

Manufacturing

$ 82,500

Selling and administrative

45,000

Total

$127,500

What is the total monthly sales volume in units required to break even when the sales mix in units is 70% Product X and 30% Product Y? (Round to the nearest whole number of units.)

a.8,667 units

b.4,333 units

c.26,563 units

d.28,667 units

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions